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FHTM Complaints & Reviews - NOT a Scam |
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FHTM |
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NOT a Scam
Complaint Rating: 
Company information:
Fortune Hi-Tech Marketing
United States
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NO, FHTM is NOT a scam!!!
Is Morals1 starved for attention or what. I might have missed some of his posts. So, I don't know if he has ever been in FHTM himself (I guess it's a he.) Nevertheless, he is spewing a lot of harsh criticism at a company, which does not deserve it. I basically agree with the comments of altagirl73 and Macronder. I very recently joined FHTM. In the past I have been in several MLM's, and never had any success except selling the products.
In the brief time I have been in Fortune, I have found everyone I have met to be very good representatives of what I regard as THE BEST MLM ever, and I am off to a good start – better than any other ventures. Before I was introduced to Fortune, I had decided I would never participate in another MLM. However, as soon as I saw the presentation, I knew I had to join Fortune. FHTM was created and designed to help everyone who is willing and able to work to be successful. It clearly is not something for nothing. Anyone, who joins Fortune should be fully aware that they will have to work to be successful. Common sense tells you that.
As the quote Macronder mentioned says "MLM is for everybody, not everybody is for MLM."
It does help if you are a natural “people person.” Depending on a person's personality, some might have to work harder than others to “get out of their comfort zone” and approach others about the opportunity. That will be a basic determinant of success. There are millions of people out there, who are very capable of building an FHTM business.
It should be very clear after seeing the Fortune presentation that a lot of people contact will be necessary to build a business. Anyone who thinks otherwise is being naive. When I presented the plan to a friend recently, I emphasized to her that I had some concerns about who she would sponsor, and I repeatedly made the point of the need to get out of one's comfort zone.
The fact is that FHTM offers an OPPORTUNITY for success to people at a time when many millions of us don't see much opportunity. I know – Morals1 will say FHTM is preying on the downtrodden. Since I happen to be one of those downtrodden, and I don't see ANY other way out of the mess that I am in, I am thankful that Fortune at least offers me an opportunity. It is up to ME with the help of my upline (which is great by the way) to make a success of the opportunity.
Now, back to Morals1. Morals1 seems like a misnomer to me. He and others who harshly criticize FHTM seem like despicable dream-stealers to me. I hesitate to say this, because he will probably salivate over it, but comments like his have really thrown cold water on the dreams of some people I know, who were already in Fortune and some who were considering the opportunity. And, the bad-mouthing is not justified!
I had a bad experience with a major TV and appliance retailer (it was NOT Best Buy) a few years ago. It was like working with a car salesman during the original purchase and I later found out that he had indeed SCREWED me. When I later confronted the store manager about it, he passed me off to the home office, and they told me corporate policy would not allow them to remedy my screw-job. This is the first time I have blogged about this incident, and of course I still am NOT naming the company. Crazy things happen and people complain about ALL companies rightly or wrongly, but companies stay in business, because for the most part they do a good an honorable job.
So, Morals1, why don't you take your acid tongue some where else. Get a life and let people with real dreams have an opportunity to realize them on their own.
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Look, if you people are honestly that supportive of this company, then spend more effort NOT posting on a complaint board! These posts show up in search results and cause slander about the fhtm that you love so much! It really does not make any sense to me. Respond in a proper manner to negative posts and move on. I am looking for legit info about fhtm and I have seen more ignorant ranting than actual information!
POST FACTS AND NOT FEELINGS!!! |
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| Facts are always good. Here are a few good ones. FHTM is not a scam, it's more like a scheme. On december of 09 north dakota filed a cease and desist and a opportunity for a hearing. in jan of 2o1o fhtm paid a settement of 125o0 and anyone who wanted a refund all they had to do was ask back for there money. not enuff facts for you. ok. on marh 16 2010, Montana state filed the same judgement with is still pending. Montana State sling accusations of fraud based upon information they obtained from investigations from the so called companies they were in partnership with. now i say its not a scam because you dont completely get ripped of for your money you earn money, but just partially how they say. The part about earning a percentage of customer's payments are completely false, because fhtm has no contract or agreement with any of those companies they mentioned, but the true part is you earn money from everyone you get to join this company. The more people you get joined the more you make, if you get 9 people to join you'll get a payment for for those nine people. thats as far as your making money from this company goes. hence FHTM is not a scam but a twisted scheme. Incase someone wants to argue about who's right and who's wrong on this topic. Don't take my word for it, see for yourself, visit the better business beareu at www.bbb.org |
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Wake up and smell the deception! FHTM is collecting millions and disbursing a mere pittance. As to top tier companies aligned with FHTM that’s crap! Validate your information, I went back and carefully listened to the video by Joel McNitch and others talking about FHTM and noticed they are VERY precise in their selection of words and terms. Name recognition is a key point in their presentation. During their scripted presentation they ask if you’ve heard of a company called Home Depot, of course you have, then they go on to say “How would you like to get paid for shopping there?” but they do not say they are partnered with them, (because they are NOT) they talk about their partnership with a company called BSP then they pop up a sign with Home Depot, Macy’s, Best Buy and Chili’s. This is a true representation of BSP rewards, NOT FHTM. But the allure of making a few thousand (or at least that’s what you’re lead to believe) is just too much. Open your eyes, I’m sure you believed you could make tons of money and you've enlisted the help of family and friends to accomplish this. Now you can't go back and tell them you were wrong. This company is NOT here to help you they are here to exploit you!
MyTelTag
This is a product only available to Representatives and costs $19.99 a month. So clearly buying this won't make you money as a representative, and in fact will cost you $19.99 a month.
Peter Lamas has a direct affiliate program paying 20%, that is free to sign up for. So going through FHTM pays you .5%, and signing up for a free affiliate account pays 20%.
Choice Plans RX
This is a FHTM company that they pay Ocenture to set up and run for them. When you go to the website, it has copyright FHTM, but when you look who owns the domain name, all contact emails are to ocenture.com email addresses. If you use this product, remember you are actually buying from FHTM, and be sure to check prices you are paying against a site such as drugstore.com. A spot check of the price list shows the drug Pegasys for 180MCG/0.5 for $1, 482.23. It appears to be available from drugstore.com as a 1ml vial for $651.98. If the 0.5 in the ChoicePlanRX price refers to half a ML, then you pay $2, 964.46 for 1ml, while at drugstore.com you can get it for $651.98. I suggest you look at the prices yourself.
Health Card
This product is yet another product that FHTM paid Ocenture to run, and Ocenture uses VantageAmerica Solutions, Inc. to run the card discounts. It looks like FHTM paid Ocenture to rebrand their pre packaged product called MedAffordable. so you can work with just one middle man instead of three (FHTM, Ocenture, and VantageAmericaSolutions)
Travel FHTM
This is another service where FHTM paid Ocenture to rebrand and rename their existing product called TrotHop, and to set up an affiliate site through Travelocity, to book tickets through an airline. If you buy from TravelFHTM, you are going through three middlemen to reach the airline (FHTM, Ocenture, & Travelocity). Basically this service uses Travelocity, rebranded to look like TravelFHTM, adding on a fee to each ticket. Tickets tend to be $5 – $10 dollars more on TravelFHTM than buying straight from Travelocity, you can test this by checking the price for an identical flight through Travelocity and TravelFHTM. Also, in order to offer this product, the representative must pay $49.99
Roadside AutoClub
This is simply a service set up by Ocenture to provide roadside assistance. You can go to http://ocenture.com/PrePackPrograms to look at all the services Ocenture can set up for your organization. It looks like this is what FHTM did.
Ingrid Home Security
The link to this service did not work, so I was unable to assess what this service was. If the link is not working, it's safe to say you can't use this service.
Protect America
This appears to be a GE security product that FHTM markets, by going through an authorized dealer, greatalarms.com. So you have 2 middle men, (FHTM and greatalarms.com) As of 2.26.10, the FHTM's site had free* sign up options, but the asterisk beside the FREE does not have an explanation. It should include this: * "Standard monitoring agreement required with approved credit. ", FHTM is misleading if they don't show the disclaimer. It is not free.
FortuneTV.info
This is a product only available to Fortune Representatives, and so is not a way for FHTM reps to make money.
EZnet Tools
This is a Quick Website Creation Company that welcomes Multi Level Marketing Companies as affiliates. If you want to set up a simple website, I suggest you use a reputable company like wordpress.com, who can have you online on your own domain name for $15 a year
Dish Network
Anyone can become an affiliate of Dish Network, and be paid $150 per installation, you can become an affiliate at vmc satelliet on the net.. Compare that to 8 cents through FHTM, and the best choice is clear.
The Wireless Shop
One of the most talked about services at FHTM is the wireless shop. This is a website that FHTM uses Simplexity to run. You can buy cell phones and cell phone contracts through this service. Simplexity uses linkshare.com to purchase these services. By going through FHTM Wireless Shop you appear to be using three middlemen (FHTM, Simplexity, and Linkshare). Linkshare can be joined for free by going to simplexity's site which can be joined for free by going to Simplexity or Link Share and clicking on "Join Our Wireless Program Today" and create a free affiliate account, and start earning the full commission instead of the .05 cents FHTM gives back to their representatives. With this free account, you can earn affiliate money from many companies, So FHTM does not really have a direct relationship with Verizon and AT&T, contrary to the impression given by the company.
As I pointed out above the wireless shop is an affiliate membership which pays from $35 to $51 dollars per contract sold. FHTM is then taking this breaking it down into 24 equal payment and calling it a 1/4 percent. When in fact they are only paying out .05 cents of what you earned, which totals $1.20 which leaves $49.80 in FHTM’s pocket. Look at their schedule of payments in their Policies and Procedures pamphlet page 46.
Looking at the attached chart you can see the two columns highlighted are “The Wireless Shop” and “Dish Network” both of which the dolar amount listed is the payout per contract, NOT 1/4 percent! So they are paying 5 cents for your wireless and 8 cents for Dish Network. Would it surprise you to know that Dish network pays $150 per contract.
By level 8; FHTM makes $2, 952, 00 paying out $984, 100 In so called residuals they make approximately $1, 238, 489 don’t forget to take into account annual dues which total $1, 312, 200 and $2, 952, 000 annually and that’s for the use of their website of which you make absolutely nothing. How many times over (since 2001) has FHTM made it to level 8?
No legally this is not against the law but no matter how you look at it, THIS IS A SCAM! |
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| I would like to know if the people who are making these complaints did they work hard at this business or did they say ok i have a business and now the money should be rolling in any day? |
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If you have been cheated by Fortune or feel that FORTUNE has mislead you into thinking that they had contracts with all of these companies or any other issues, then please email us at cheatedbyfortune at yahoo.com
This is not to recruit you to anything else. |
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FTC Steps Up Efforts Against Scams That Target Financially-Strapped Consumers
More Than 90 Actions Brought By Commission and Its Law Enforcement Partners
Attorney General Roy Cooper today joined state attorneys general from across the country and the Federal Trade Commission to announce a national sweep targeting business opportunity scams, including actions against four companies that have targeted North Carolina consumers.
“When jobs are scarce, claims to help people make money fast become plentiful, ” Cooper said. “Consumers think they’re buying into a great way to earn a living, but they could end up paying far more than they’ll ever make.”
In challenging economic times, many people in the state are looking for work. Unfortunately, sometimes they find scams instead of legitimate opportunities. Complaints to the Attorney General’s Consumer Protection Division about business opportunity, work-at-home schemes, and other employment related scams were up 11 percent last year, from 177 complaints in 2009 to 197 complaints in 2010.
Operation Empty Promises is a national sweep by the FTC, Cooper and other state attorneys general aimed at stopping business opportunity scams and educating consumers about how to avoid them. Announced as part of the sweep are actions taken by Cooper’s Consumer Protection Division against four companies including Fortune Hi Tech Marketing who claims that people who buy into its business earn thousands of dollars a year. Based on consumer complaints, Cooper’s office launched an investigation into FHTM in mid 2010. Consumers say they paid money to the company but were only able to make money by recruiting others into the scheme, not by selling any actual goods or services. A total of 25 consumers have now complained about FHTM, and Cooper’s office is investigating the company. Although this case is currently under investigation, it’s important for consumers to know that a pyramid scheme is a violation of the law and is defined as any plan in which a participant pays money for the chance to receive money upon the introduction of new participants into the program.
“We’re looking closely at business opportunities that seem to offer false hopes, and also reaching out to educate consumers on how to recognize and avoid fraud, ” Cooper said.
Later this month, Cooper’s office plans to launch a tool kit to educate consumers on fake business opportunities which will include print, web and video materials. The goal is to prevent North Carolina consumers from losing their hard-earned money to scammers trying to take advantage of a tough employment market.
“Don’t let scammers use empty promises of jobs with high earnings to take your money, ” Cooper warned consumers. “Before you agree to invest in any business, check it out thoroughly and always be skeptical of claims of guaranteed profits.”
Cooper has taken action against a number of other kinds of scams fueled by hard times. For example, his Consumer Protection Division has won 13 cases against foreclosure assistance and loan modification scams in the past five years, including two so far in 2011.The Federal Trade Commission today stepped up its ongoing campaign against scammers who falsely promise guaranteed jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes as a consequence of the economic downturn.
“Operation Empty Promises, ” a multi-agency law enforcement initiative today announced more than 90 enforcement actions, including three new FTC cases and developments in seven other matters, 48 criminal actions by the Department of Justice (many of which involved the assistance of the U.S. Postal Inspection Service), seven additional civil actions by the Postal Inspection Service, and 28 actions by state law enforcement agencies in Alaska, California, Indiana, Kansas, Maryland, Montana, New Jersey, North Carolina, Oregon, Washington, and the District of Columbia.
In a press conference at the FTC, David Vladeck, Director of the FTC’s Bureau of Consumer Protection, was joined by Tony West, Assistant Attorney General for the Civil Division of the Department of Justice; Greg Campbell, Deputy Chief Inspector of the U.S. Postal Inspection Service; North Carolina Attorney General Roy Cooper; and a California consumer who had bought into a program to start his own Internet business.
“The victims of these frauds are our neighbors – people who are trying to make an honest living, ” said David C. Vladeck, Director of the FTC’s Bureau of Consumer Protection. “Under pressure to make ends meet, they risked their limited financial resources in response to the promise of a job, an income – a chance at a profitable home-based business. But these turned out to be empty promises – and the people who counted on them ended up with high levels of frustration and even higher levels of debt.”
The FTC has updated consumer education materials to help consumers avoid falling victim to these scams. Screen shots from the websites of some of the operators charged in this law enforcement sweep, as well as video footage of FTC Consumer Protection Director Vladeck and FTC attorney Daniel Hanks, are also available at the FTC website. |
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